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BTC vs SCMB

Comparison between Grayscale Bitcoin Mini Trust ETF (BTC, ETF) and SCHWAB MUNICIPAL BOND ETF (SCMB, ETF).

BTC vs SCMB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
BTC
$3.90B
SCMB
$3.90B
Expense Ratio
BTC
0.15%
Winner
SCMB
0.03%
Max Drawdown
BTC
51.97%
Winner
SCMB
7.77%
Sharpe Ratio
BTC
-1.09
Winner
SCMB
0.87
5Y Beta
BTC
1.30
Winner
SCMB
0.03

BTC vs SCMB - Historical Returns

Returns include dividend reinvestment.

1M
BTC
-21.29%
Winner
SCMB
+0.41%
3M
BTC
-9.78%
Winner
SCMB
+1.00%
6M
BTC
-29.59%
Winner
SCMB
+1.59%
1Y
BTC
-40.53%
Winner
SCMB
+6.05%
Max(CAGR)
BTC
-1.53%
Winner
SCMB
+4.00%

BTC vs SCMB - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearBTCSCMB
2026-29.21%+1.03%
2025-10.26%+3.34%
2024+44.64%+1.10%
2023N/A+5.70%
2022N/A+3.05%

BTC vs SCMB Drawdown Comparison

The maximum drawdown for BTC was -51.97%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for SCMB was -6.13%, occurring on Oct 30, 2023. Recovery took 162 trading sessions.

The current BTC drawdown is -49.38%. The current SCMB drawdown is -0.87%.

RankBTCSCMB
#1-51.97%
Oct 6, 2025 - Jun 5, 2026
-6.13%
Apr 12, 2023 - Dec 1, 2023
#2-28.14%
Dec 17, 2024 - May 20, 2025
-4.75%
Dec 4, 2024 - Sep 11, 2025
#3-17.96%
Jul 31, 2024 - Sep 27, 2024
-3.23%
Feb 2, 2023 - Apr 6, 2023
#4-11.96%
Aug 13, 2025 - Oct 6, 2025
-2.92%
Feb 27, 2026 - Mar 24, 2026
#5-9.11%
Sep 27, 2024 - Oct 14, 2024
-2.55%
Oct 1, 2024 - Dec 3, 2024
#6-8.47%
Nov 22, 2024 - Dec 6, 2024
-2.25%
Feb 1, 2024 - Jul 16, 2024
#7-8.44%
May 22, 2025 - Jul 9, 2025
-2.09%
Oct 12, 2022 - Nov 10, 2022
#8-7.30%
Oct 29, 2024 - Nov 6, 2024
-1.25%
Dec 29, 2023 - Feb 1, 2024
#9-5.81%
Jul 14, 2025 - Aug 13, 2025
-1.05%
Dec 14, 2022 - Jan 6, 2023
#10-5.48%
Dec 6, 2024 - Dec 13, 2024
-0.94%
Aug 5, 2024 - Sep 6, 2024
#11-3.29%
Oct 18, 2024 - Oct 28, 2024
-0.58%
Sep 17, 2025 - Oct 10, 2025
#12-2.51%
Nov 13, 2024 - Nov 15, 2024
-0.50%
Nov 11, 2025 - Dec 29, 2025
#13-1.50%
Oct 16, 2024 - Oct 18, 2024
-0.50%
Jan 16, 2026 - Feb 5, 2026
#14N/A-0.38%
Oct 24, 2025 - Nov 11, 2025
#15N/A-0.35%
Dec 1, 2023 - Dec 6, 2023

Correlation

Correlation between BTC and SCMB is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37
-101

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